turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Ron H1
New Member

How to Calculate Code Z, Box 20

In Box 20 on the K-1, it gives me a STMT entry and tells me to calculate the number.

I have 3 entries:  Ordinary Income (Loss), W-2 Wages, and Unadjusted Basis of Assets

I have numbers in each item.

 

How do I calculate for the QBI deduction and enter the correct number for Code Z.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies